RickDalebout1

DXY Daily update 05-07-23

TVC:DXY   U.S. Dollar Index
Good-morning guys,

Today’s view on the Dollar Index;

I would like to see some downwards momentum as I’m looking to long GU. And since Jerome Powell said that the interest rates are not going to 2% in the next upcoming year I’m bearish on the DXY.

We are for a fact technical bullish on the DXY as we are trading from a strong low and some trend-line touches.

Curious about your thoughts lets me know down below.
Cheers guys.

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